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This paper addresses the issue of the relationship between internal migration rates at NUTS 2 level and economic developments. For five European countries, several hypotheses were tested on three groups of economic variables: general business cycle indicators, financial variables as well as variables reflecting more structural labour market developments. The empirical analysis is based on first differences of all variables. Although some support was found for all of the hypotheses tested but one, the main conclusion is that there is a stable relationship between GDP per capita and internal migration that is highly similar across countries.
Key words:Internal migration, economic models, Europe